Alabama governor Robert Bentley recently signed into law a bill that would extend the state’s existence income tax deductions for small businesses offering health insurance benefits. The new law will apply to the current tax year and state officials hope that it will drive down the unemployment rate. Small businesses all over the country have had to make cuts to the benefits they offer employees. Currently, the state’s unemployment rate is at 9.2%. Lawmakers believe that if they can encourage employers to hire more, many of the financial problems the…
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